4016 Indiana Avenue, Grand Boulevard, Chicago, Illinois 60653
$594,990
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1906 |
| Property Taxes: | $4,167 |
| Days On Market: | 7 |
| Lot Size: | 0,00 |
Description
Outstanding opportunity to own a solid multi-unit building in the heart of Bronzeville/Grand Boulevard, one of Chicago's most dynamic and evolving neighborhoods. Located on THEE sought-after South Indiana Avenue, this property offers the flexibility and potential that today's investors and owner-occupants are seeking. The building features spacious 3-bedroom units on both the first and second floors, along with a finished lower level offering additional bedroom and bathroom space. The versatile layout provides multiple options for income generation, including long-term rentals, owner-occupancy with supplemental rental income, or future value-add opportunities. Additional highlights include a garage, on-site parking, and separate tenant-paid utilities, enhancing operational efficiency and investment appeal. Ideally situated near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and major ongoing neighborhood development, this property is well-positioned for both current income and long-term appreciation potential. A rare opportunity for investors and owner-occupants alike to secure a property in one of Chicago's most historic and revitalized communities. Buyer to independently verify zoning, unit legality, rents, taxes, leases, expenses, and all MLS information.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1906 | |
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| — | |
| No | |
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| Cook | |
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| — / — | |
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| 12701934 | |
| 20031080180000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Beethoven Elementary School |
299 | — | |
|
High School
Phillips Academy High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 13 Aug, 2007 | Sold | $190,000 | MRED MLS |
| 13 Jul, 2007 | Under contract | $194,900 | MRED MLS |
| — | Last price change | $199,900 | MRED MLS |
| 7 Jul, 2007 | Listed for sale | $199,900 | MRED MLS |
| 22 Jul, 2026 | Listed for sale | $594,990 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
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Dimensions: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
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| — | |
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| 4025 | |
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| — | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2007 | $3,801 |
| 2026 | $4,167 |
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Listing Provided By
Keller Williams Preferred Rlty
